Have you thought about using a permanent life insurance policy to help plan for your childrens college education?  With Permanent life insurance policies, such as universal life products can develop cash value that can be withdrawn or borrowed against to help pay future education costs.  You have many options for loans, withdrawals, while the overall performance of the policy will affect the policy value and net cash value and may affect the death benefit. Like other products in the industry, life insurance cash values are excluded from the federal formula for financial aid.  These items along with many other features can help you plan for your childrens financial future.  Life insurancefor education is a safe way to give your family members the future they deserve.  You can get more information on specific products from you life insurance consultant.  See what Transamerica has to offer, http://www.transamerica.com/life_insurance_products/index.asp, here.  Start your life planning today!